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Tag: Foreign Direct Investment

FDI
Apparel and Textile News Apparel Brands and Companies Global News

More Clarity On FDI In E-Commerce Sought By US

The US has pitched for foreign direct investment (FDI) in India’s multi-brand retail and e-commerce sector, saying it expects some progress on these issues even as it sought more clarification on sectors where foreign investment caps have been hiked. “There has not been progress in FDI in multi-channel (brand) retail as well as web-based (e-commerce) […]

E-Commerce
Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

Manufacturing Units Can Sell Products Through E-Commerce

Manufacturing units set up through foreign direct investment (FDI) can sell their products through retail including e-commerce platforms without any additional approval. This clarification was given by commerce and industry minister Nirmala Sitharaman in a written reply in Rajya Sabha, the upper house of Parliament. Mentioning the steps taken for effective expansion and foreign investment […]

FDI
Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

FDI In E-Commerce Retail Not Under Consideration

Allowing foreign direct investment (FDI) in India’s e-commerce retail sector is not among the plans being considered by the government at present, union commerce and industry minister, Nirmala Sitharaman has said. In a written reply to Rajya Sabha, she said, “No such proposal is under consideration of the government” At present the government is holding […]

Apparel and Textile News Ministry of Textiles News

FDI In Textile Sector

  The source-wise details of Foreign Direct Investment made in textile sector in the country from April 2011 to May, 2014 are given in Annexure. Government is implementing various schemes to ensure the maximum utilisation of FDI in textile sector like Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Parks (SITP), Integrated Skill Development Scheme (ISDS), […]

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